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CITY-OF-BATESVILLE
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4/30/2019 1:35:27 PM
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8/22/2018 11:59:28 AM
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Page 20 <br />Lessee, and any amount paid, or any expense or liability incurred, <br />by the Lessor or the Trustee for the Act No. 9 Bondholders, in the <br />performance of the same, shall be deemed to be additional rent, <br />payable by the Lessee for the leased premises; and the same shall <br />be added to any basic annual rent then due, or thereafter falling <br />due, hereunder; and the Lessor and the Trustee for the Act No. 9 <br />Bondholders and their representatives, shall have the right to <br />enter the said leased premises, for the purpose of correcting, or <br />remedying, such default, and to remain therein, until the same <br />:.hall have been corrected or remedied. <br />ARTICLE VIII <br />REMOVAL AND SUBSTITUTION OF MACHINERY AND <br />EQUIPMENT <br />Section 801. (a) All machinery and equipment, removable <br />partitions and fixtures, and personal property of the Lessee which <br />TJessee has at any time installed in or on the leased premises may <br />r removed by the Lessee at any time provided, however, the Lessee, <br />its own ;:.o.t, shall repair any damages to the leased premises <br />,:a.used by sunh removal. <br />(b) Lessee may, provided Lessee is not in default in the <br />raymen.of basic annual rent and additional rent, remove and sell <br />r• otherwise dispose of any of Lessors machinery and equipment <br />which is no longer used by the Lessee or in the opinion of Lessee <br />4.0 no longer useful to Lessee in its manufacturing operations con- <br />-.ucted on file leased premises (whether by reason of changed manu- <br />facturing processes, changed techniques, obsolescence, depreciation <br />or otherwise), subject, however, in all cases to the following: <br />(1) Lessee shall pay all the costs and expenses of any <br />such removal and shall immediately repair at its expense <br />all damage to the leased premises caused thereby; <br />
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